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Geneva Pharmaceuticals

United States of America United States of America analytics


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« Ethical » rating of Geneva Pharmaceuticals , group Novartis AG and subsidiaries

Human 1 Jobs -6% /1998 Pollution 12 Fraud 3 Offshore 13 Sales 37 Bn $.€ /year Profit 44 Bn $.€ /1998 Wage 1770 *min. Influence 13 Infocom 5
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shareholdercountry%source
Novartis AGSwitzerland100
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yearfinancial misdemeanor source
2005 Sued by the State of California for defrauding the state's $34 billion Medi-Cal program by inflating prices. "We're going to drag these drug companies into courts of law because they've been gouging the public," California Attorney General Bill Lockyer said at a news conference. For example, Medi-Cal paid $804.70 US for a bottle of the hypertension drug Atenolol. Providers such as doctors, clinics and pharmacists paid $33.85 US. As a result, providers reimbursed by Medi-Cal for Atenolol pocketed $770.85 US. The windfalls gave doctors, pharmacies and other providers an incentive to prescribe such drugs, which resulted in even more sales by drug makers, Lockyer said.     Canadian Press
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» Financial delinquency in 2007
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 1 informations, access to subscribers
» More financial data for Geneva Pharmaceuticals
» Financial delinquency in 2007


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